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Friday, 05/21/2021 1:41:29 PM

Friday, May 21, 2021 1:41:29 PM

Post# of 53158
Somebody help me out..Earlier jimmy/sgmd financials confirm a $700k budcars feb2020 investment in Indigo for specifically 40% of the Budcars Sacramento operation, with option to include another 30%..SGMD had the option for monthly payments, but bypassed that with the initial one time $700k Feb investment that immediately boosts sgmd to the 40% ownership...The next two quarterly filings reduce the 40% Sacramento ownership to 33% and then 29%..if it continues, do we go to zero BC ownership..dont understand how sgmd can initially own 40% and then reduced to 29% given info jimmy/sgmd provided..Must be something simple I'm overlooking..??